Property Development India Pvt Ltd, also known as PBEL, is a leading developer in the country and is a joint venture between four leading entities. The main shareholders of PBEL include PBC, a business conglomerate listed on the Tel Aviv Stock Exchange in Israel and possesses assets worth more than $36 billion; Electra, which is a subsidiary of Israel’s ELCO Holdings Limited, and possesses ownership of 109 revenue generating assets across the globe; INCOR, a real estate company operating in South India with a land bank spanning 218, 592 sq meters for mixed use development; and IDB, which owns Israel’s PBC business Group, with assets over $30 billion.
The portfolio of property by PBEL primarily comprises residential projects. The company has also been planning to foray into mixed-use developments in the near future. The company is known for its futuristic vision and emphasis on customer satisfaction.
Unique Selling Point:
The company believes in earning the loyalty and respect of its customers through quality projects, superior delivery of assets and a timely project delivery. The company aims at manifesting futuristic and innovative visions at its projects, in addition to using global expertise, core competencies, customer insights and technical expertise to create functional and innovative working and living spaces. The unique design values and functionality offered by the company complement its environment-friendly construction techniques to the fullest.
Aroa is a landmark project developed by the company at Kelambakkam in Chennai. The project offers well-designed 1, 2 and 3 BHK apartments to buyers that are sized between 1,003 and 1,733 sq ft on an average. The project consists of 112 units and comes with several amenities for residents, including a cricket ground, parks, a jogging track, a basketball court, a tennis court, a crèche and 24x7 security services. The project also offers a pollution-free living ambience to residents.
Daytona is another landmark project developed by the company in Chennai and comes with 2 and 3 BHK apartments for buyers that are sized between 1,033 and 1,518 sq ft on an average. The project consists of 84 units and lies in close proximity to several schools, banks, petrol pumps, bus stations, ATMs, hospitals, parks and restaurants. The project offers multiple amenities to residents, including a gymnasium, a playing zone for children, a swimming pool, a club house, indoor game facilities, a tennis court, volleyball and billiards facilities, a basketball court, a badminton court, a rainwater harvesting system and a jogging track.